Is Not a Type of Responsibility Center

question 179

Multiple Choice

is not a type of responsibility center.

• A) A cost center
• B) A budget center
• C) A profit center
• D) An investment center

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Definitions:

Foreign Exchange Risk

The potential for financial loss resulting from fluctuations in foreign exchange rates.

Professionals

Qualified individuals who possess specialized knowledge and skills in a specific field.

Eurobond

A bond denominated in a currency other than that of the country in which it is sold.

Denominated

Defined or stated in the context of a specific currency or measurement unit.